SEED Co.,Ltd. completed the acquisition of Universal View Co., Ltd. from INCJ, Ltd. and others.
May 19, 2021
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SEED Co.,Ltd. (TSE:7743) entered into an agreement to acquire an additional unknown majority stake in Universal View Co., Ltd. from INCJ, Ltd. and others on March 31, 2021. Under the terms, SEED Co.,Ltd. will acquire shares held by INCJ, Ltd. and 12 others shareholders and all preferred shares of Universal View. With this transfer of shares, the voting rights ratio of SEED Co to Universal View will be 94.2%. Post completion, Universal View will become subsidiary of SEED Co The transaction is expected to close on April 20, 2021.
SEED Co.,Ltd. (TSE:7743) completed the acquisition of Universal View Co., Ltd. from INCJ, Ltd. and others on May 20, 2021. Universal View will operate as a wholly owned subsidiary of SEED.
Seed Co Ltd is a Japan-based company mainly engaged in the research, development, manufacture and sale of contact lenses, as well as the sale of contact lens care products and other products. The Contact Lens and Care Products segment sells contact lenses, care products, and related products. Contact lens products include hard lenses, soft lenses, disposable lenses, orthokeratology lenses, and related products such as optical instruments. Contact lens care products include preservatives, cleaning solutions, enzymatic cleaning solutions, chemical disinfectants, storage cases, and others. The other businesses include eyeglass frames, eyeglass fixtures, intraocular lenses, and others.